Director's Dealing • May 29, 2024
Director's Dealing
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| 1 Details of the person discharging managerial responsibilities/person closely associated | ||||
|---|---|---|---|---|
| a) Name | Stefan Willebrand | |||
| 2 Reason for the notification | ||||
| a) Position/status | Willebrand Group AB, a close associate of board member Stefan Willebrand | |||
| b) Initial | N/A | |||
| notification/Amendment | ||||
| 3 Details of issuer | ||||
| a) Name | Huddlestock Fintech AS | |||
| b) LEI | 894500JLT5FIBY5QWI84 | |||
| 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type | ||||
| of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) Description of the financial | Convertible loan, which at conversion is converted into common shares in the Company. The conversion will be effected on or about the date falling 18 months from the date of |
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| instrument, type of instrument |
settlement, at a conversion rate of NOK 1 per share in the Company. If the volume-weighted average price per share over the last five days prior to the conversion date (the "VWAP |
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| Identification code | Price") is lower than NOK 1, then the conversion price per share shall be set to a price per | |||
| share equivalent to the VWAP Price and the Company may alternatively choose to settle the loan in cash. |
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| b) Nature of the transaction | Subscription of convertible loan | |||
| c) Price(s) and volume(s) | Price(s) | Volume(s) | ||
| Subscribed at face value of the loan. | NOK 200,000 | |||
| d) Aggregated information | Subscribed for NOK 200,000 in a convertible loan at face value. | |||
| — Aggregated volume | ||||
| — Price |
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| e) Date of the transaction | 29 May 2024 | |||
| f) | Place of the transaction | Euronext Growth Oslo |
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